The Borrowing Binge Isn’t Over for Companies Like Lowe’s and Netflix

It’s been ages since investors thought General Electric was on death row because of its debt load. The conglomerate’s stock (ticker: GE) has rebounded 28% this year, after it sold some businesses to raise cash and reduce debt.

GE also got a helping hand from Federal Reserve officials, who decided to pause rate increases. That amounted to a stay of execution for the U.S.’s most-indebted companies, which were at the center of much of the market volatility last December.

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